NZDUSD recently reversed up sharply from the support area lying between the long-term support level 0,6200 (which stopped the sharp weekly downtrend in the middle of 2015) and the lower weekly Bollinger Band.
The upward reversal from this support area stopped the previous impulse wave (iii) from last month.
NZDUSD is expected to rise further and retest the next resistance level 0.6400 (top of the previous weekly corrective wave (ii) from September).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
